Exports offset domestic losses for Molins
The third-quarter consolidated net profit of Spain’s Cementos Molins fell 65.5 per cent YoY to EUR10.8m. The company’s international subsidiaries enjoyed a profit of EUR43.3m, ...
Spain
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Cementum Veritas to invest EUR10.4m in new grinding unit
Spain’s Cementum Veritas plans to invest EUR10.4m in a new clinker grinding unit in Albanilla, Murcia. The 95,760t works is expected include three silos of 1500t, which repr...
Spanish demand falls 22% in first nine months
Cement consumption in the first nine months of this year fell by 22 per cent YoY to 8.3Mt, latest data from domestic association Oficemen shows. In September, demand fell to 94...
Holcim, Cemex Europe deal to be examined
EU antitrust regulators will assess a bid by Cemex to acquire Holcim's cement operations in Spain following a request from Spanish authorities, the European Commission said. C...
Employment suspension to affect all of Olazagutía’s employees
The temporary employment suspension (ERTE) raised by Cementos Portland for its six plants in Spain is expected to affect the entire workforce of the Olazagutía plant in Navarra...
Cemex
Cemex has commissioned a new clinker silo at its Lloseta works in Spain. This €4.4m investment includes a 44m-high silo with a diameter of 27.5m and is fitted with all the late...
August cement demand falls 23% in Spain
Cement consumption in Spain continues its freefall with the figure for August down more than 23 per cent to 886,005t. Production fell by 7.7 per cent from 1,308,090t to 1,207,8...
Holcim and Cemex to swap, combine assets in Europe
Holcim and Cemex have reached an agreement to conduct a series of transactions to exchange and combine assets in parts of Europe with the aim of improving synergies and boostin...
Cementos Molins 1H profit falls 58%
Cementos Molins closed the first half-year with a profit of EUR8.3m, 58 per cent down on 1H12. The decline has been attributed to the poor performance of the Spanish subsidiari...
Lafarge opens Sagunto laboratory
Lafarge has inaugurated its first R&D laboratory in Europe at Sagunto, Spain. The centre, which is the company’s second in the world after its US facility in Houston, will rese...